Australia's Hazer Group rises on MoU with First Graphene

Hazer

08/09/2025 03:19

Sept 8 (Reuters) - ** Shares of Australia's Hazer Group HZR.AX surge as much as 4.3% to A$0.365, their highest since August 29

** The clean technology company signs an MoU with graphene products maker First Graphene FGR.AX to explore material processing and carbon-based product synergies

** MoU with the potential to expand FGR's carbon-based product range, other than its existing PureGRAPH range

** Around 409,800 shares change hands, nearly 2.1x of the 30-day average

** HZR last up 1.4%, bringing YTD losses to 5.3%

(Reporting by Keshav Singh Chundawat in Bengaluru)

((Keshav.SinghChundawat@thomsonreuters.com;))